Annual Overview from QuotedData

JLEN Environmental Assets Group Ltd

25 July 2024

 

 

JLEN Environmental Assets - Annual Overview from QuotedData

25^th July 2024

Vote against discontinuation

JLEN Environmental Assets (JLEN) and the wider renewable energy infrastructure sector have traded at a persistently wide discount to net asset value (NAV) with investor sentiment continuing to wane. This has triggered the activation of a discontinuation vote at JLEN's annual general meeting (AGM) in September. We strongly believe shareholders should vote against discontinuation, taking into account the strong long-term track record of the company, which has produced NAV total returns of 119.5% since its launch just over 10 years ago to the end of June and delivered dividend growth every year.

The fundamental growth story for the sector remains as strong as ever, with investment in the energy sector continuing to swell - the majority of which is going to clean energy technology such as renewables, low carbon fuels, nuclear, grids and battery storage.

Full Research:

https://quoteddata.com/research/jlen-environmental-assets-vote-against-discontniuation-qd/

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NB: Marten & Co was paid to produce this note on JLEN Environmental Assets Group Plc, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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